Operators of renewable energy schemes are at risk of significant financial losses due to being underinsured, warned an insurance specialist. In recent years, the renewable energy sector has grown at an exponential rate, thanks largely to technological advancements, governmental incentives and increased affordability. With PM Boris Johnson recently announcing that…

Azelio has signed a Memorandum of Understanding (MoU) with Morocco based JET ENERGY to explore energy storage projects with Azelio’s TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with JET ENERGY as project developer. In addition to this MoU, the parties anticipate…

Bruton, 30th September, Somerset, 2020 – Wyke Farms, the UK’s largest independent cheese producers and producers of renewable energy have further invested into their ‘100% Green’ sustainability plan, with a new 65kw solar array, positioned on their new cheese storage dispatch building at their Wincanton site. The new cheese storage…

“With this fresh start after the coronavirus crisis, we now have a unique opportunity to join forces and drive the Austrian economy’s transition to a sustainable, climate-friendly system,” said Susanne Wendler, board member of UniCredit Bank Austria’s “Unternehmerbank”. “Banks bear a particular responsibility in this task because the business decisions…

Siemens Gamesa Renewable Energy (SGRE) has been awarded two new onshore wind project sites in the state of Texas with a total installed capacity of 325 MW. The projects include the supply of 65 SG 5.0-145 wind turbines and a multi-year service agreement. Deliveries are expected to begin in the…

The CrossWind consortium, a joint venture between Shell in the Netherlands and Eneco, has awarded Fugro a contract to deliver comprehensive geotechnical site investigation solutions to support development of the Hollandse Kust (noord) offshore wind farm. The site investigation solutions will comprise an unexploded ordnance (UXO) site clearance survey followed…

Stockholm, 9th July 2020 – Ardian, a world-leading private investment house, has signed a 20-year financing for its 286 MW “Åndberg” wind farm in Sweden. The financing is provided by KfW IPEX-Bank, which is the part of KfW Group responsible for project and export finance. The long-term financing was secured…

HOUSTON – June 16, 2020— Wood, the global engineering and consulting company, has secured two solar engineering, procurement and construction (EPC) contracts from an American power and energy company worth over $200 million.   Wood was selected following a competitive tender process and will be responsible for delivering two major…

The Cleve Hill Solar Park team, together with developers Hive Energy Ltd and Wirsol Energy Ltd, celebrated a significant milestone this week by receiving the go-ahead from ministers for the UKs first nationally significant solar park project. On Thursday 28 May, the Secretary of State for Business, Energy and Industrial…

The technology group Wärtsilä and Vantaa Energy Ltd., a Finnish energy company, have signed an agreement on a joint concept feasibility study for a Power-to-Gas facility at Vantaa Energy’s waste-to-energy -plant in the city of Vantaa in the capital region. The co-development agreement was signed in May and is valid…